NOT LISTED FOR SALE

162 S South St Unit 202A Gastonia, NC 28052

Estimated Value: $242,000 - $377,000

2 Beds
2.5 Baths
1,912 Sq Ft
$251/mo HOA Fee

Last Sold December 15, 2020

Last sale price $251,325 $131 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,174/month

434 Days on Market

About This Home

As of December 2020

BACK ON THE MARKET!! This Rare 2 Story Standard District Loft Features 10’ Ceilings On Both Floors, Exposed Brick Walls, And Original Wood Framing Throughout. In The Epicenter of Downtown Gastonia. Oversized Windows On Front Of Building Allows For A Lot Of Natural Light. Centrally Located In Historic Downtown Gastonia It Is Perfect For A Live-Work Condo With Being Directly Across From The Garland Center And City Hall. You Are Also Within Walking Distance From Award-Winning Webb Custom Kitchen, And Freemans Pub. Here’s Your Chance To Get In On All The Action In The Downtown Area! Schedule Your Showing Today!! Note: Second bedroom is a loft style space with skylight.

Last Agent to Sell the Property

Andrew Harris

My Townhome License #302538 Listed on: 08/20/2019

Last Buyer's Agent

Beth Livingston

Corcoran HM Properties License #275090

Corcoran HM Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1938

HOA Fees

  • $251 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Open Floorplan

Flooring

  • Wood
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 222070

Community Details

Overview

  • Property Matters Realty Association

Amenities

  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 1938

Lot Details

0

HOA Fees

$251 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 1.02665
  • Ratio Close Price By Original Li: 1.02665
  • Ratio Current Price By Sq Ft: 131.45
  • Unit Floor Level: 2
  • Year Built: 1938
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 967
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), CO Detector, Disposal, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Oven
  • Flooring: Tile, Wood
  • Interior Amenities: Built-Ins, Open Floorplan
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 945
  • Total Sq Ft: 1912

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Elevator

Garage/Parking

  • Driveway: Asphalt
  • Parking: Lot, Parking Space - 4+

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Elevator
  • Association Fee: 250.51
  • Association Fee Frequency: Monthly
  • HOA Management Company: Property Matters Realty
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Woodhill
  • Middle School: Grier
  • High School: Ashbrook

Lot Info

  • Parcel Number: 222070
  • Zoning Specification: R1

Tax Info

  • Tax Value: 169850.00
  • Tax Location: Gaston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Dec 15, 2020
Sold by
Standard Hardware Building 1955 Llc
Bought by
Scott Frances M
Seller's Agent
Andrew Harris
My Townhome
Buyer's Agent
Beth Livingston
Corcoran HM Properties
List Price
$244,800
Sold Price
$251,325
Premium/Discount to List
$6,525
2.67%
Current Estimated Value
$317,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,288
Avg. Annual Appreciation
4.92%
Original Mortgage
$136,000
Outstanding Balance
$110,221
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$207,392

Purchase Details

Closed on
Sep 7, 2017
Sold by
South Street Arcade Llc
Bought by
Standard Hardware Building 1922 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scott Frances M $252,000 None Available
Scott Frances M $252,000 None Listed On Document
Standard Hardware Building 1922 Llc $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Frances M $136,000
Closed Scott Frances M $136,000
Previous Owner Standard Hardware Building 1922 Llc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2020 12/15/20 Sold $251,325 +2.7% $131 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $244,800 0.0% $128 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $244,800 0.0% $128 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $244,800 0.0% $128 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $244,800 0.0% $128 / Sq Ft
12/20/2012 12/20/12 Rented $1,000 0.0% --
12/20/2012 12/20/12 For Rent $1,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,080 $242,680 $0 $242,680
2024 $3,080 $242,680 $0 $242,680
2023 $3,106 $242,680 $0 $242,680
2022 $2,599 $169,850 $0 $169,850
2021 $2,633 $169,850 $0 $169,850
2020 $2,633 $169,850 $0 $169,850
2019 $2,650 $169,850 $0 $169,850
2018 $2,068 $129,230 $13,430 $115,800
2017 $2,068 $129,230 $13,430 $115,800
2016 $2,068 $129,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3540214

Canopy MLS (Canopy Realtor® Association)

APN: 222070